Rise and fall in oil production and consumption

Rise and fall in oil production and consumption

It was a "turbulent year" for global oil markets according to BP's Statistical Review of World Energy. Libya's civil war and the Arab spring played a part in crimping supplies and prices rose by 40 per cent.

Brent crude reached its highest-ever average price at $111 a barrel for the year.

Let's take a look at the biggest rise and fall in oil production and consumption in the world.

Source: The Economist

The figures show change in oil production over 2010

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Image: An employee counts money at a fuel station in Kolkata.Photographs: Rupak De Chowdhuri/Reuters